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bret >> bret: thank you. the fiscal cliff not the only thing that congress is dealing with. fox news learned the house plans to split the superstorm sandy aide bill to two parts. giving the lawmakers opposed to a large bill the ability to vote against it and vote on the other part so they don't appear unwilling to help storm victims. the base would provide immediate funding to those affected by the october storm that devastated new york and new jersey coastlines. meanwhile, republicans are still meeting up on capitol hill. we have a live camera outside of that meeting. they are, the camera just shooting in and out there. they are meeting and those are the microphones they may come and talk to reporters after they finish that conference meeting. we are just getting word of something that perhaps is happening behind those doors. senior g.o.p. leadership aide is telling fox that the speaker presented his members two options. the first would be to make an amendment to the senate bill that would add a package of spending cuts. the whip, majority whip would do a whip check, vote c
bret >> bret: thank you. the fiscal cliff not the only thing that congress is dealing with. fox news learned the house plans to split the superstorm sandy aide bill to two parts. giving the lawmakers opposed to a large bill the ability to vote against it and vote on the other part so they don't appear unwilling to help storm victims. the base would provide immediate funding to those affected by the october storm that devastated new york and new jersey coastlines. meanwhile, republicans...
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. >> thanks, diane. >> that is the latest on the fiscal cliff negotiations in washington. we'll be back at top of the hour or break in anytime if we get more news. fox business will have live coverage tomorrow morning starting at 5:00 a.m., to focus how markets are reacting to all of this. i'm diane macedo. we'll return to our regular programing. >> this has been a fox business special report. we now return you to your regularly scheduled programing. >> that is a big problem. gerri: irony here is that these ant i wind groups are growing in number. u.s. 100 groups. u.k., 200. europe, 500. what is going on? >> this is part of the global backlash against the wind industry. what is fascinating to me, gerri, here is an industry very successful portraying itself as green. we produce green energy. green energy, reduce co2 emissions. when you look at countries around the world, australia, new zealand, huge backlash in ontario, we're seeing backlash against the large wind projects going in all over the place. gerri: new york, you have an interesting example there. >> just last mont
. >> thanks, diane. >> that is the latest on the fiscal cliff negotiations in washington. we'll be back at top of the hour or break in anytime if we get more news. fox business will have live coverage tomorrow morning starting at 5:00 a.m., to focus how markets are reacting to all of this. i'm diane macedo. we'll return to our regular programing. >> this has been a fox business special report. we now return you to your regularly scheduled programing. >> that is a big...
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cliff. good evening. i'm richard lui. you're watching the standoff in washington, d.c. the house gop is meeting at this hour for the second time today. leadership and members are discussing how to move forward on a bill they say need to include spending cuts. house speaker john boehner and eric cantor arrived at the meeting together. but it was cantor who set off the storm earlier today just hours ago by announcing he could not support the senate bill that was approved this morning at 2:00 a.m. house democratic leader nancy pelosi attempted to put pressure on tonight. she posted this on twitter saying quote, strong majority of house democrats support the bipartisan senate bill that passed 89-8. confident it will pass and speaker boehner allows an up or down vote. and republicans like congressman jack kingston of georgia blame the senate for a hastily written bill. >> it was way past those senators' bedtime. they were blurry eyed when they were reading it. we're trying to fill in the gap wher
cliff. good evening. i'm richard lui. you're watching the standoff in washington, d.c. the house gop is meeting at this hour for the second time today. leadership and members are discussing how to move forward on a bill they say need to include spending cuts. house speaker john boehner and eric cantor arrived at the meeting together. but it was cantor who set off the storm earlier today just hours ago by announcing he could not support the senate bill that was approved this morning at 2:00 a.m....
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. >> thank you. >>> stay with msnbc throughout the day for the latest on the fiscal cliff negotiations. again, the bipartisan bill 89-8 coming from the senate. that was passed at 2:00 this morning. it does not look good right now when it comes to the house. we had heard from the number two republican, eric cantor, that he cannot support it as-is and we also have heard from our own luke russert that based on what one member told him, 40 members from the gop conference stood up and spoke. 37 of those 40 were against the senate bill that came over 89-8. now, if it does get amended as we have just been discussing with mike viqueira and e.j. dionne, the question is will the senate take that up. we are hearing right now they will not. we'll continue to cover this issue for you. the fiscal cliff negotiations. we'll be right back with "hardball." there are patients who will question, why does my mouth feel dryer than i remember it to be? there are more people taking more medication, so we see people suffering from dry mouth more so. we may see more cavities, bad breath, oral irritation. a dry
. >> thank you. >>> stay with msnbc throughout the day for the latest on the fiscal cliff negotiations. again, the bipartisan bill 89-8 coming from the senate. that was passed at 2:00 this morning. it does not look good right now when it comes to the house. we had heard from the number two republican, eric cantor, that he cannot support it as-is and we also have heard from our own luke russert that based on what one member told him, 40 members from the gop conference stood up and...
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>>> deb, thanks very much. happening now, a fiscal cliff hanger. the senate bipartisan bill faces a very uncertain future in the republican-led house. >> our speaker has said, when senate acts, we will have a vote in the house. that is what he said. that is what we he can be pekt. that is what the american people deserve. >> but is a sudden rift in the republican leadership putting it all in jeopardy? >> also, we're breaking down the deal on the table right now. we're going to show you how it impacts view your bottom line. >>> and what about the secretary of state? her dangerous blood clot. what could that mean for hillary clinton and her political future? i'm wolf blitzer. you're in "the situation room." right now we're following breaking news. all eyes are in the house of representatives where lawmakers are weighing the future of a bill that's now effectively a fiscal cliff fix. no vote has been scheduled on the bill that the senate passed in the middle of the night after steep tax cuts and spending cuts kicked in. speaker john boehner has been t
>>> deb, thanks very much. happening now, a fiscal cliff hanger. the senate bipartisan bill faces a very uncertain future in the republican-led house. >> our speaker has said, when senate acts, we will have a vote in the house. that is what he said. that is what we he can be pekt. that is what the american people deserve. >> but is a sudden rift in the republican leadership putting it all in jeopardy? >> also, we're breaking down the deal on the table right now. we're...
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. >> quick break and then much more on the fiscal cliff. and the rogue nation iran engaging in war games this new year's day. the country test firing weapons near a critical piece of real estate. a live report from the middle east straight ahead. >>> welcome back. we just heard from the democrats in the house asking for a straight up or down vote on the senate's version of the fiscal cliff bill. the number two republican in the house of representatives just speaking out. we are just getting word that he has told the republicans in the house that he is opposed to the senate's version of this bill, and that could be critical. so let'sok at what this could mean for your bottom line. first of all the bill as it stands right now, the one passed in the senate would end the payroll tax cut, hikes taxes on income above $450,000 a year for families. it makes the alternative minimum tax patch permanent. it also extends unemployment benefits for the long-term jobless and proposed spending defense and non-spending cuts. for a look at the economic impac
. >> quick break and then much more on the fiscal cliff. and the rogue nation iran engaging in war games this new year's day. the country test firing weapons near a critical piece of real estate. a live report from the middle east straight ahead. >>> welcome back. we just heard from the democrats in the house asking for a straight up or down vote on the senate's version of the fiscal cliff bill. the number two republican in the house of representatives just speaking out. we are...
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. >>> breaking news, house republicans have just wrapped up a meeting to discuss the fiscal cliff deal worked out by vice president joe biden and senate m minority leader mitch mcconnell. the deal which passed overnight will see income taxes rise on individuals making over $450,000 a year, and families making over $550,000 a year. let's listen in now as house democrats speak. >> caucus meeting which -- in which the vice president not only roused the entire membership, but also gave us a very thoughtful and detailed explanation of what's gone on, and how it was that he and the president working with the democratic and republican leaders in both houses were able to come together on this compromise. we first want to say thank you to the vice president for being so gracious. quite honestly, so frank in his conversation with us in explaining as much as he could about what's transpired over the last several weeks. we now are waiting to hear from our republican colleagues, whether or not they want to do what the senate did in a very bipartisan fashion and give the men people an opportunity to
. >>> breaking news, house republicans have just wrapped up a meeting to discuss the fiscal cliff deal worked out by vice president joe biden and senate m minority leader mitch mcconnell. the deal which passed overnight will see income taxes rise on individuals making over $450,000 a year, and families making over $550,000 a year. let's listen in now as house democrats speak. >> caucus meeting which -- in which the vice president not only roused the entire membership, but also...
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deal looks set to pull america from the edge of the fiscal cliff and the tax hikes for millions of americans for the time being at least. hello there thanks for joining us if you just have a new year's day here in moscow our top story the more we've got an hour left of new year's day twenty thirteen is made around the globe with a ray of fireworks performances and cheering crowds as take a look at the world party then should we do zealand was among the first to usher in twenty thirteen crowd packed the harbor in all clinton joy if i were exploding of the city's sky tower a great sight it. was not a stray joining the festivities a bit later with almost two million people gathering to see the now standard jaw dropping fireworks from harbor bridge as the clock struck midnight there. a new year continues from for march through asia with the most spectacular shows in hong kong biggest ever the say were a countdown to twenty thirteen culminated in a light extravaganza on the land and in the sky and europe now picking up the holiday torch is berlin hosting one of the world's largest open parties th
deal looks set to pull america from the edge of the fiscal cliff and the tax hikes for millions of americans for the time being at least. hello there thanks for joining us if you just have a new year's day here in moscow our top story the more we've got an hour left of new year's day twenty thirteen is made around the globe with a ray of fireworks performances and cheering crowds as take a look at the world party then should we do zealand was among the first to usher in twenty thirteen crowd...
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host: back to your phone calls as we got the update on the fiscal cliff negotiations. this is jerry in longview, texas. caller: hi, thanks for taking my call. it is disheartening to hear the republicans demonized. i'm 65 and i had my son and my grandson living with me and i'm on disability and every month have a budget to live by. we don't believe in debt. the main thing, my statement is, or what i'm concerned about, why can't our country and our lawmakers see that they should have to set a budget and live responsiblely and handle our economy responsiblely just like people out here in the real world have to do every day without going into debt. can i get an opinion on that please? host: not from me but make some other callers would like to share their thoughts. this is todd. caller: i don't know if the viewers know this but at 2:20 this morning the president signed an executive order giving all members of congress a pay increase. now we're talking about the fiscal cliff and they are giving themselves a raise. this is what i propose, this congress does nothing anyway, t
host: back to your phone calls as we got the update on the fiscal cliff negotiations. this is jerry in longview, texas. caller: hi, thanks for taking my call. it is disheartening to hear the republicans demonized. i'm 65 and i had my son and my grandson living with me and i'm on disability and every month have a budget to live by. we don't believe in debt. the main thing, my statement is, or what i'm concerned about, why can't our country and our lawmakers see that they should have to set a...
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thank you very much. deal or no deal, rolling doesn't fiscal cliff. this is the gridlock in washington. this is your taxes. this is your family. this is your future. visit ireport.cnn.com. share your messages. we'll put it on the air. let us know what you think about all of this. what? [ male announcer ] alka-seltzer plus severe cold and flu fights your worst flu symptoms, plus that cough. [ sighs ] thanks!... [ male announcer ] you're welcome. >>> deal or no deal. we asked you to weigh in on the fiscal cliff debate. here what happens some of you had to say. listen in in my new year's message to washington, this entire fiscal cliff problem isn't just an isolated incident. it's representative of how partisanship and polarization have taken over congress. i'm 18. i used to be excited for the future. but i don't want to live in a country that doesn't have a successful working legislator. congress, it's time for you to remember what your purpose really is, get back to doing your job. >> resolution for washington is to get out of the middle east, learn to
thank you very much. deal or no deal, rolling doesn't fiscal cliff. this is the gridlock in washington. this is your taxes. this is your family. this is your future. visit ireport.cnn.com. share your messages. we'll put it on the air. let us know what you think about all of this. what? [ male announcer ] alka-seltzer plus severe cold and flu fights your worst flu symptoms, plus that cough. [ sighs ] thanks!... [ male announcer ] you're welcome. >>> deal or no deal. we asked you to...
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you. >> okay. >> while the deal on the fiscal cliff got brought by partisan support, there are a lot of people on the left and the right unhappy. >> are you one of the folks that thinks the president hasn't played hardball enough is this. >> on revenues, no. >> this was our best opportunity to get a substantial contributor to a broad agreement. there's a lot of disappointment on the revenue outcome. on the other hand, there's two other issues that the president had to pay attention to. one is the broad affect of the -- on the economy, and this is a do no harm outcome as far as the economy is concerned. >> republicans ask democrats, whatever your point of view, is we've got that triple play or triple jeopardy we're saying. we're just going to have that nightmare scenario in a couple of months. >> sense you brought up the whole overall affect on the economy, we all know what happened with this debt ceiling fight. >> we had our first credit downgrade, number one. number two, it cost american taxpayers about $90 billion in additional interest payments over the next ten years, and then th
you. >> okay. >> while the deal on the fiscal cliff got brought by partisan support, there are a lot of people on the left and the right unhappy. >> are you one of the folks that thinks the president hasn't played hardball enough is this. >> on revenues, no. >> this was our best opportunity to get a substantial contributor to a broad agreement. there's a lot of disappointment on the revenue outcome. on the other hand, there's two other issues that the president had...
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the fiscal cliff deal passed by the senate? will hard line conservatives make it sxwobl in back now is reid wilson and ryan grim. thank you for coming back. >> hey. >> thanks for having us. >> do you think this bill will pass the houshgs and if not will democrats preferred to make further concessions? >> i think it will pass the house eventually. this is one of those moments, though, when i think speed is probably on the side of -- or, rather, it would benefit those who want to pass this bill. the faster you're able to get something to the floor and get it through a vote, the more likely you are to attract these conservatives and liberals, by the way, who might otherwise find a reason to vote against it. if the longer they take their time to sort of talk it through and go through the bill's details moment by moment, the more you'll get pressure from the outside and pressure from groups like everybody from the progressive campaign committee on the left to the heritage action and for growth on the right. the outside influences wi
the fiscal cliff deal passed by the senate? will hard line conservatives make it sxwobl in back now is reid wilson and ryan grim. thank you for coming back. >> hey. >> thanks for having us. >> do you think this bill will pass the houshgs and if not will democrats preferred to make further concessions? >> i think it will pass the house eventually. this is one of those moments, though, when i think speed is probably on the side of -- or, rather, it would benefit those who...
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. >> we went over the fiscal cliff. yep at midnight and then just a couple hours later, the senate came up with a solution. now it's off to the house. the house has to sign off. they will get back to work this afternoon. what's in the deal? well, it starts with the new income tax threshold. those folks agreed to let the taxes go up but only on the family who is make over $450,000 in combined income. the itemized deductions will also be capped at $300,000 for families. and the estate tax, that was a big sticking point for lawmakers, and now the tax rate goes up to 40% for estates that are valued over $5 million. so if you're under $5 million, you skated there too. other key points are an extension of the long-term unemployment benefits. the renewal of tuition and child care tax credits and then something called the doc fix. it reimburses doctors who take medicare patients. and what about the automatic spending cuts that were supposed to go into effect today? doomsday, yikes. they put those off. but only for two months. t
. >> we went over the fiscal cliff. yep at midnight and then just a couple hours later, the senate came up with a solution. now it's off to the house. the house has to sign off. they will get back to work this afternoon. what's in the deal? well, it starts with the new income tax threshold. those folks agreed to let the taxes go up but only on the family who is make over $450,000 in combined income. the itemized deductions will also be capped at $300,000 for families. and the estate tax,...
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also eleventh hour deal looks set to pull america from the edge of the fiscal cliff and the tax hikes for millions of americans for the time being at least. allowed kevin i would hear this new year's day thanks for joining us our top story than twenty thirteen has made it in or around the globe with the array of fireworks performances and cheering crowds we've come to expect let's take a look at where the world's been partying should we use eland was among the first to assure in twenty thirty crowds packed the harbor in oakland to enjoy the fireworks exploding over the city sky. then a stray joy the festivities shortly afterwards with almost two million people gathered to see the now standard jaw dropping fireworks in harbor bridge as the clock struck midnight. continue to triumph and march through asia with one of the most spectacular shows on value in hong kong in fact were a countdown to twenty thirteen culminated in a like to extravaganza on the land and in the sky one of the biggest displays they were ever put on in fact your of then picked up the holiday toss this berlin hosting
also eleventh hour deal looks set to pull america from the edge of the fiscal cliff and the tax hikes for millions of americans for the time being at least. allowed kevin i would hear this new year's day thanks for joining us our top story than twenty thirteen has made it in or around the globe with the array of fireworks performances and cheering crowds we've come to expect let's take a look at where the world's been partying should we use eland was among the first to assure in twenty thirty...
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thank you for joining us. >> thank you. >> as the details of the fiscal cliff deal were coming together monday republicans were expressing their displeasure with how the president was selling the compromise. it wasn't just the words he used at a monday afternoon news conference but the optics of the president literally standing with the middle class voters that upset some of them including his 2008 opponent senator john mccain. >> as i sort out my impressions of the president's remarks as to whether to be angry or to be saddened. we have the president of the united states go over and have a cheerleading, ridiculing of republicans exercise. >> joining us now are our strats chris cofinas and chip salzmann. thank you for being here on this new year's day. >> thank you. so, chris, i want to start with you. are these attacks on the president's news conference fair? did that photo op with voters really risk derailing a deal? >> well, there have been a lot of things that risk derailing a deal. the president going out there and using the bully pulpit to pressure republicans if you will to come
thank you for joining us. >> thank you. >> as the details of the fiscal cliff deal were coming together monday republicans were expressing their displeasure with how the president was selling the compromise. it wasn't just the words he used at a monday afternoon news conference but the optics of the president literally standing with the middle class voters that upset some of them including his 2008 opponent senator john mccain. >> as i sort out my impressions of the...
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they were up against the fiscal cliff. and the senate has acted to avoid a massive tax increase for every american. now it is up to the house, heather? heather: thank you very much. mike emanuel reporting live for us. i have a feeling we'll check back in with you once or twice today. >> reporter: thank you. sure. rick: just hours before the deal to avote the fiscal cliff, another financial crisis emerged right? treasury secretary tim geithner telling congress that the u.s. just reached its $16.4 trillion borrowing limit. he says the government is now employing, quote, extraordinary measures in order to avoid default, no word how lawmakers will resolve huge differences raising debt limit, the debt ceiling but it could be just a matter of weeks before the government defaults. heather: the supreme court's chief justice weighing in on the country's physical problems. saying the judicial branch gets a minuscule fraction of the nation's trillion dollar budget. it has already done its part when it comes to cost cutting. he is cal
they were up against the fiscal cliff. and the senate has acted to avoid a massive tax increase for every american. now it is up to the house, heather? heather: thank you very much. mike emanuel reporting live for us. i have a feeling we'll check back in with you once or twice today. >> reporter: thank you. sure. rick: just hours before the deal to avote the fiscal cliff, another financial crisis emerged right? treasury secretary tim geithner telling congress that the u.s. just reached...
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[applause] >> live coverage of the so- called fiscal cliff talks continues here on c-span as all eyes turn to the house chamber this afternoon. the senate early this morning in an unusual new year's morning vote approved a short-term deal to avoid tax hikes on middle- class americans, 89 to 8, three senate democrats and five senate republicans voted against that measure. house members are about to come in. there are a number of matters on the docket, but the big ticket item is this deal on the so- called fiscal cliff. will they bring it up in the house? will they amend it? will they approve of what the senate did? all questions that remain this afternoon. house democrats are going to be meeting at a quarter past the hour and republicans at 1:00 p.m. live coverage, here on c-span. m fiscal health? the endless cycle of increasing taxes and cutting spending will not work because the debt keeps ballooning with compounded interest. it's time for a new american monetary policy to climb out of poverty and debt. this is in the national employment act, the need act. let's regain control of ame
[applause] >> live coverage of the so- called fiscal cliff talks continues here on c-span as all eyes turn to the house chamber this afternoon. the senate early this morning in an unusual new year's morning vote approved a short-term deal to avoid tax hikes on middle- class americans, 89 to 8, three senate democrats and five senate republicans voted against that measure. house members are about to come in. there are a number of matters on the docket, but the big ticket item is this deal...
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the latest on the fiscal cliff. we are waiting for the house of representatives. to see if we can avoid the fiscal cliff and also watching the bay area weather. checking in with with your holiday forecast. >> happy 2013. clear skies and sunshine a bit chilly in the north bay. we did have some areas of a frost but that sunshine will stick around. 50s. this frees one in will go into effect and the frost advisory. freeze-- will go into effect-36 in santa rosa. we are no longer freezing but upper 40's in oakland. i will show you where these numbers are expected to go. fans how about checking in your commute to. >> there is a problem in san francisco is a fatal accident in the mission district. likely, this business south of van ness. it is in the center of this accident. this is also on self van ness. the adjacent streets. we are on our way. police say two people died and three others were injured in a new year's eve shooting. after a fight in a restaurant in the old sacramento area. it happened last night outside the sports corner cafÉ. people were gathered in old s
the latest on the fiscal cliff. we are waiting for the house of representatives. to see if we can avoid the fiscal cliff and also watching the bay area weather. checking in with with your holiday forecast. >> happy 2013. clear skies and sunshine a bit chilly in the north bay. we did have some areas of a frost but that sunshine will stick around. 50s. this frees one in will go into effect and the frost advisory. freeze-- will go into effect-36 in santa rosa. we are no longer freezing but...
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. >> thank you. >>> that senate vote avoids the so-called dairy fiscal cliff. it exlends through -- it extends through september. without that legislation, milk prices were expected to double next month up to as much as $8 a gallon. >>> doctors now say secretary of state hillary clinton will make a full recovery from a blood clot in her head. doctors say the clot is in a vein between her brain and her skull and it's right behind her right here. she's being treated with blood thinners. once the doctors find the right level of medication, sect clinton is expected to be -- secretary clinton is expected to be released. she reportedly is making excellent progress and is said to be in good spirits. >>> meantime, there is a senate report out about the ben ghazi, libya attack. it -- benghazi, libya attack. some republicans have questioned whether the president's staff may have rewritten the statements for political reasons. >>> 7:49. tonight, vigils will be held in two east bay communities for a young woman what died after being gang raped in india. the attack has spar
. >> thank you. >>> that senate vote avoids the so-called dairy fiscal cliff. it exlends through -- it extends through september. without that legislation, milk prices were expected to double next month up to as much as $8 a gallon. >>> doctors now say secretary of state hillary clinton will make a full recovery from a blood clot in her head. doctors say the clot is in a vein between her brain and her skull and it's right behind her right here. she's being treated with...
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thanks. >> good to see you, chris, thanks. >> up next, the fiscal cliff and you. what the deal struck last night by the senate means for your bottom line. >>> plus, we'll also have the latest on secretary of state hillary clinton's condition. she continues to get treatment for a blood clot in a new york hospital. >>> and then later, coming to a theater near you. the new movies hitting the big screen in 2013. which will be the blockbusters and which won't be worth your buck? >>> so, here we are, 98% of americans will avoid a tax hike in the new year, of course, if the house goes along with the fiscal cliff deal that was reached in the senate very early this morning. individuals earning $400,000 a year, couples earning $450,000, will see their income taxes rise on amounts above their annual salary. and in addition to income taxes, the senate plan prevents other tax hikes and extends key benefits. here to talk about what this fiscal cliff deal could mean to you is retail and economic analyst hitha. >> happy new year. >> a lot of people breathing a sigh of relief, obv
thanks. >> good to see you, chris, thanks. >> up next, the fiscal cliff and you. what the deal struck last night by the senate means for your bottom line. >>> plus, we'll also have the latest on secretary of state hillary clinton's condition. she continues to get treatment for a blood clot in a new york hospital. >>> and then later, coming to a theater near you. the new movies hitting the big screen in 2013. which will be the blockbusters and which won't be worth...
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. >> john boehner is not endorsing the agreement on the so-called fiscal cliff. he has promised to vote on it right away. he is expected to encounter opposition. one camp earlier said, "it's three strikes in my book and i will be voting no on this bill." the legislation would impose a hardship and fall short on addressing the need in spending. president obama praised the agreements. coats to place on the other side of the capital on issues other than the so-called fiscal cliff. -- votes took place on the other side of the capital. extra cash for the fight against al qaeda and the fight against foreign governments trying to spy on the united states. mike rogers said the bill holds personnel levels at last year's level. dutch ruppersberger said the bill invests in programs that are working and cuts things that are not. the house meets today at noon eastern. watch the house live on c-span tv. those are some of the latest headlines on c-span radio. [video clip] >> a lot of people that i know looking back on the last 40 years will say that ever since apollo, the space
. >> john boehner is not endorsing the agreement on the so-called fiscal cliff. he has promised to vote on it right away. he is expected to encounter opposition. one camp earlier said, "it's three strikes in my book and i will be voting no on this bill." the legislation would impose a hardship and fall short on addressing the need in spending. president obama praised the agreements. coats to place on the other side of the capital on issues other than the so-called fiscal cliff....
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thank you. >>> amid secretary clinton's illness and the fiscal cliff, americans rang in the new year in spectacular style. 1 million in times square welcomed in 2013. and in lean, the georgia peach was lowered as the new year arrived there. in las vegas, where everything is big and over the top, it was an amazing fireworks display over the vegas strip. just in case anyone missed the point that it was 2013, the fireworks telling them that it had officially begun. very cool. >> they think big there. >> they know how to throw a party time to time. > >>> two planes damaged in forth lauderdale, florida. there was a gash in the tail section of the united plane, no fuel leak from either aircraft, and luckily no injuries rorpted. refer. >> off the coast of alaska, coast guard and tugboat crews are trying to pull an oil rig into safe waters. lines were reattached, but 60-mile-an-hour wind and 28-foot high waves in the forecast for today. officials fear a fuel spill if that rig is grounded. >>> and those were wedding bells ringing in the stroke of midnight in maryland. that's when same-sex mar
thank you. >>> amid secretary clinton's illness and the fiscal cliff, americans rang in the new year in spectacular style. 1 million in times square welcomed in 2013. and in lean, the georgia peach was lowered as the new year arrived there. in las vegas, where everything is big and over the top, it was an amazing fireworks display over the vegas strip. just in case anyone missed the point that it was 2013, the fireworks telling them that it had officially begun. very cool. >>...
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thank you. >>> coming up, the senate agrees to the fiscal cliff deal, but is the crisis really averted? what does this mean for you and your paycheck? we'll tell you, when we come back. ( ♪ ) for those nights when it's more than a bad dream, be ready. for the days when you get a sudden call from the school, be ready. for the times you need to double-check the temperature on the thermometer, be ready. when you have children's motrin on hand, you're ready. for high fever, nothing works faster or lasts longer than children's motrin. be ready with children's motrin. alriwoah! did you get that? and...flip! yep, look at this. it takes like 20 pictures at a time. i never miss anything. isn't that awesome? uh that's really cool. you should upload these. i know, right? that is really amazing. the pictures are so clear. kevin's a handsome devil that phone does everything! search dog tricks. okay, see if we can teach him something cool. look at how lazy kevin is. kevin, get it together dude cmon, kevin take 20 pictures with burst shot on the galaxy s3. [ male announcer ] when diarrhea hits, kao
thank you. >>> coming up, the senate agrees to the fiscal cliff deal, but is the crisis really averted? what does this mean for you and your paycheck? we'll tell you, when we come back. ( ♪ ) for those nights when it's more than a bad dream, be ready. for the days when you get a sudden call from the school, be ready. for the times you need to double-check the temperature on the thermometer, be ready. when you have children's motrin on hand, you're ready. for high fever, nothing works...
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thanks so much. >> thank you. happy new year. >> have you had enough of the fiscal cliff? that phrase, one of the many that americans want banned in this new year. wait until you hear what else is on that list. >> chances are you watched the times square ball dropped. but down south it was all about the peach. we're going to show you all the bizarre and unusual new year's eve traditions next hour. i love that peach down in georgia. ♪ it's the end of the world ♪ ♪ as we know it ♪ and i feel fine there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. means the world to me. and one of the most important things any parent can do is
thanks so much. >> thank you. happy new year. >> have you had enough of the fiscal cliff? that phrase, one of the many that americans want banned in this new year. wait until you hear what else is on that list. >> chances are you watched the times square ball dropped. but down south it was all about the peach. we're going to show you all the bizarre and unusual new year's eve traditions next hour. i love that peach down in georgia. ♪ it's the end of the world ♪ ♪ as we...
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there's no better way to be over the fiscal cliff than sitting here with you guys. so thank you this morning. so, after kicking off the new year by falling off the fiscal cliff, or at least going over it, the senate has now acted and now it's up to the house to deliver all of us a soft landing this morning. if they can. just after 2:00 eastern this morning the senate overwhelmingly passed the plan that was crafted by the vice president and the senate minority leader. the vote, very big, 89-8. the republican-controlled house left well before midnight last night, so they will have to take up the measure later this morning. here's how the two senate leaders summed up their night. >> i'm disappointed that we weren't able to make the grand bargain as we tried to do for so long. but we tried. >> so it took an imperfect solution to prevent our constituents from a very real financial pain. but in my view, it was worth the effort. >> so here's what the senate plan means for you. bush-era tax cuts extended for people earning less than $400,000 a year. and couples earning less
there's no better way to be over the fiscal cliff than sitting here with you guys. so thank you this morning. so, after kicking off the new year by falling off the fiscal cliff, or at least going over it, the senate has now acted and now it's up to the house to deliver all of us a soft landing this morning. if they can. just after 2:00 eastern this morning the senate overwhelmingly passed the plan that was crafted by the vice president and the senate minority leader. the vote, very big, 89-8....
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shy of the deadline the senate passed a deal to avoid the fiscal cliff. >> that goes to the house for a vote. doug mcelway is live with what it all means. you have been up all night so have i, what do we have? >> little more than 2 hours after the deadline passed they passed a stopgap fiscal cliff bill that spares the vast majority of americans tax increases. it passed with broad bipartisan support the final vote was 89 yai's 8 nay's. they pent went to the floor to describe a flawed bill one of the best they could craft given the different priorities over the two parties for the last couple years. >> shouldn't be a model of how we do things but i think we can say we have done some good for the country. we have done some good for the country. we have taken care of the revenue side of this debate. >>> working through the night we have reached a deal with sen more mcconnell. i have said all along the most important priority was to pa protect the middle class families. >> it raises tax rates on incomes over 400,000 for individuals 450,000 for couples. it blocks the spending cuts for two m
shy of the deadline the senate passed a deal to avoid the fiscal cliff. >> that goes to the house for a vote. doug mcelway is live with what it all means. you have been up all night so have i, what do we have? >> little more than 2 hours after the deadline passed they passed a stopgap fiscal cliff bill that spares the vast majority of americans tax increases. it passed with broad bipartisan support the final vote was 89 yai's 8 nay's. they pent went to the floor to describe a flawed...
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. >>> the senate passes a fiscal cliff bill. >> president obama says the agreement is the, quote, right thing to do for our country. but now the legislation moves to the house where its future is uncertain. fox's patty ann brown has the story. >> reporter: senate lawmaker voted overwhelmingly in favor of legislation to avert the fiscal cliff. >> the bill as amended is passed. >> reporter: vice president joe biden in a visit to the capitol monday night maybing the pact he negotiated with senate minority leader mitch mcconnell. prior to the vote, the vice president said he felt confident about the deal but stayed away from making any predicts. >> having been in the senate as long as i have, there are two things you shouldn't do. you shouldn't predict how the senate is going to vote before they vote. you won't make a lot of money. and number two, you surely shouldn't predict how the how is going to vote. i feel very, very good. >> reporter: if passed by the house, the deal would stop most tax increases and spending cuts aimed at the pentagon and domestic programs that were set to take effe
. >>> the senate passes a fiscal cliff bill. >> president obama says the agreement is the, quote, right thing to do for our country. but now the legislation moves to the house where its future is uncertain. fox's patty ann brown has the story. >> reporter: senate lawmaker voted overwhelmingly in favor of legislation to avert the fiscal cliff. >> the bill as amended is passed. >> reporter: vice president joe biden in a visit to the capitol monday night maybing...
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. >> thank you. >>> checking our top stories, a fiscal cliff deal has been reached. the senate just approving the teal in a vote of 89-8 just a few hours ago . in a race against the clock, senate leaders found a compromise. taxes will remain the same for middle income americans but they will increase for those individuals making more than $400,000 and for families making more than $450,000. >>> gay marriage is now legal in maryland. same-sex couples have been able to get marriage licenses in the free state for about three weeks but the new law didn't go into effect until the strike of midnight in the new year. dozens of same-sex wedding are scheduled for today including some at city hall in baltimore and a massive wedding event at the black walnut point inn. >>> secretary of state hillary clinton remains in a new york city hospital this morning. but doctors are optimistic that she will make a full recovery. she is being treated for a broad clot they found in her head. it is located in the vein between the brain and skull right behind her right ear. clinton is being t
. >> thank you. >>> checking our top stories, a fiscal cliff deal has been reached. the senate just approving the teal in a vote of 89-8 just a few hours ago . in a race against the clock, senate leaders found a compromise. taxes will remain the same for middle income americans but they will increase for those individuals making more than $400,000 and for families making more than $450,000. >>> gay marriage is now legal in maryland. same-sex couples have been able to get...
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and is still potential for the fiscal cliff to do a lot of damage. >> susie: we are going to betala long time, darren, you better goat that crystal ball in good shape. >> i'm polishing it tonight. >> susie: thank you very muchdap bureau chief. >> still ahead the most iconic s >> reporter: still ahead, we'll take a look at the business behind the world's most iconic new year's eve celebration. >> susie: to the surprise of many investors, 2012 ended up being a fairly good year for the stock market. the dow rose over 7%, the nasdaq gained even more, up almost 16%, and the s&p closed the year with a 13% gain. erika miller takes a closer look at the forces driving stocks this year. >> reporter: many investors are asking themselves why the stock market did so well this year, when the economy was so weak? the answer is the fed. >> you have to give them a good deal of the credit. they have had quantitative easing again and again. bernanke has said he does not want us to sleep into that kind of economic coma that seemed to take over japan. >> reporter: and that support from the fed was enough to
and is still potential for the fiscal cliff to do a lot of damage. >> susie: we are going to betala long time, darren, you better goat that crystal ball in good shape. >> i'm polishing it tonight. >> susie: thank you very muchdap bureau chief. >> still ahead the most iconic s >> reporter: still ahead, we'll take a look at the business behind the world's most iconic new year's eve celebration. >> susie: to the surprise of many investors, 2012 ended up being a...
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"fiscal cliff" deadline. house republicans opted not to hold any votes on the issue tonight. so-- officially, at least-- more than $600 million in tax hikes andpending cuts begin taking fect tomorw. in the meantime, senate republicans and the white house continue working on a possible deal. . >> are running out of time. americans are still threatened with a tax hike in just a few hours. >> new year's eve morning at the capitol began with a warning from senate majority leader harry reid. after a long weekend dush -- weekend of tense negotiations vice president joe biden had spent sunday dealing directly with the senate's republican minority leader mitch mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's no
"fiscal cliff" deadline. house republicans opted not to hold any votes on the issue tonight. so-- officially, at least-- more than $600 million in tax hikes andpending cuts begin taking fect tomorw. in the meantime, senate republicans and the white house continue working on a possible deal. . >> are running out of time. americans are still threatened with a tax hike in just a few hours. >> new year's eve morning at the capitol began with a warning from senate majority...
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when you look over the fiscal cliff don't look down because it is a far drop because at the end of the day is all about money vo: this week at officemax everything you can fit in this bag is 20% off. saving 20% on everything your company needs. it's a big deal. check your december 30th sunday paper or print the coupon at officemax.com. we don't let frequent heartburn come between us and what we love. so if you're one of em people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur ♪ . adam: all right. lawmakers in the house just finished a meeting about what else, the fiscal cliff. peter barnes is at the white house with the latest. peter, do you know, was this a meeting of the hous or was this a meeting of lawmakers from the senate? >> there have been meetings of both going on, adam, on the republican side. most importantly the senate republicans have been meeting and the house republicans have been meeting and we have just learned that the house
when you look over the fiscal cliff don't look down because it is a far drop because at the end of the day is all about money vo: this week at officemax everything you can fit in this bag is 20% off. saving 20% on everything your company needs. it's a big deal. check your december 30th sunday paper or print the coupon at officemax.com. we don't let frequent heartburn come between us and what we love. so if you're one of em people who gets heartburn and then treats day afr day... block the acid...
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we'll be back in a moment with continuing coverage with the apparent deal to avoid the fiscal cliff. you're watching msnbc, the mace for politics. >>> welcome back to coverage of the breaking news on capitol hill where white house and lawmakers in the senate have come up with a brplan to deal wh the fiscal cliff. senate democrats out of a immediating with joe biden indicate there is a strong democratic support for the plan. it is not clear if we will see a vote in the senate tonight. the house remain as juniored until noon tomorrow. no matter what, the nation will go off the cliff in a few minutes, at mid might eastern, at least temporarily. nancy pelosi released a statement, just a short time ago, saying in part "when a final agreement is reached and passed by the senate, i will present it to the house democratic caucus." for republican reaction, let's bring in political analyst and former chair of the rnc, michael steele, happy almost new year. >> happy almost new year, milissa. did you ever think this is what we would be doing tonight? >> i did not. but in all fairness, we could h
we'll be back in a moment with continuing coverage with the apparent deal to avoid the fiscal cliff. you're watching msnbc, the mace for politics. >>> welcome back to coverage of the breaking news on capitol hill where white house and lawmakers in the senate have come up with a brplan to deal wh the fiscal cliff. senate democrats out of a immediating with joe biden indicate there is a strong democratic support for the plan. it is not clear if we will see a vote in the senate tonight....
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you. >> thank you. >> we'll be back on the apparent deal to avoid the fiscal cliff. you are watching "msnbc" the place for politicings milissa e . >>> welcome back to "msnbc" coverage of the plan on the fiscal cliff. the nation is scheduled to go off the cliff at midnight, eastern time. the senate bill is being worked on right now. and lawmakers may try to vote on it sometime tonight. the house, meanwhile, is scheduled to remain adjourned until noon tomorrow. house minority leader nancy pelosi released a statement just minutes ago saying in part "when a final agreement is reached and passed by the senate i will present it to the house democratic caucus." vice president joe biden who worked for the past hours with senate minority leader mitch mcconnell, worked to reach the deal. for more, i am joined by the vice president's former chief economist and adviser, jared burnstein. >> well, it is nice to be with you, with what sounds like some progress on the hill. >> are there any surprises for you in all of this, and how it is going down? >> well, i was a bit surprised by
you. >> thank you. >> we'll be back on the apparent deal to avoid the fiscal cliff. you are watching "msnbc" the place for politicings milissa e . >>> welcome back to "msnbc" coverage of the plan on the fiscal cliff. the nation is scheduled to go off the cliff at midnight, eastern time. the senate bill is being worked on right now. and lawmakers may try to vote on it sometime tonight. the house, meanwhile, is scheduled to remain adjourned until noon...
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i'm getting a lot of tweets from people who just are tired of fiscal cliff coverage. they just want to see megyn kelly and bill in times square dancing gangnam style or whatever they are doing. >> happy new year. >> take me out of fiscal cliff, washington. >> see yew in a minute, bret. happy new year. >> get you your feather boa ready. >> coming back to talk to you in just a minute. we'll be back with megyn and bill in just a minute. this is so so soft. hey hun, remember you only need a few sheets. hmph! [ female announcer ] charmin ultra soft is made with extra cushions plus you can use four times less. charmin ultra soft. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. which isn't rocket science
i'm getting a lot of tweets from people who just are tired of fiscal cliff coverage. they just want to see megyn kelly and bill in times square dancing gangnam style or whatever they are doing. >> happy new year. >> take me out of fiscal cliff, washington. >> see yew in a minute, bret. happy new year. >> get you your feather boa ready. >> coming back to talk to you in just a minute. we'll be back with megyn and bill in just a minute. this is so so soft. hey hun,...
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. >>> right off the top, breaking news from capitol hill, just two hours from the fiscal cliff deadline the white house has reached adeal with congressional republicans. which thanks for joining us tonight. i'm maureen umeh. the deal would delay harsh spending cut for two months, but it appears the house will not vote before tonight's midnight deadline. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place. we can do this. we must do this. >> reporter: though it is down to the wire. >> it's december the 31st! january 1st is tomorrow, 2013, taxes go up. >> reporter: a frustrated senator john kuhn said the senate should have acted months ago to keep the economy from going off the fiscal cliff. >> i just find it really hard to sit and listen to people come up now and wring their hands and talk about gee whiz, you know, i really hope we can get something done here in the last day as we put two people together basically to resolve this. >> reporter: the two people were senate republican le
. >>> right off the top, breaking news from capitol hill, just two hours from the fiscal cliff deadline the white house has reached adeal with congressional republicans. which thanks for joining us tonight. i'm maureen umeh. the deal would delay harsh spending cut for two months, but it appears the house will not vote before tonight's midnight deadline. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the...
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we will continue to update you here on fox news channel on the fiscal cliff as you look live on capitol hill and we will do it fair, balanced, and captioned by closed captioning services, inc. >>> happy new year's eve. the countdown is on!n this is "the five"! 2012 is coming to a close and we are fired up and ready to gr for 2013. it has been quite a year, guys. we had to go through the five biggest stories of the year anf the worst stories in a minute. e table quickly. new year's eve. kimberly, love it or hate it? >> kimberly: i love new year's eve. it usually work new year's eve. but you get off in midnight just in time for celebratory inebry yens. >> eric: how you? >> juan: i'm not crazy about it. i bet somebody else is having a better time. >> eric: that is sad. >> juan: going at it. >> kimberly: glass half ful full. >> juan: but i think i make you in puerto rico around new year's eve. it ran in geraldo at the restaurant and i thought it was fox in puerto rico. >> eric: we met in a hot tub. [ laughter ] i think that is juan williams. >> andrea: is that where the story ends? >> eric:
we will continue to update you here on fox news channel on the fiscal cliff as you look live on capitol hill and we will do it fair, balanced, and captioned by closed captioning services, inc. >>> happy new year's eve. the countdown is on!n this is "the five"! 2012 is coming to a close and we are fired up and ready to gr for 2013. it has been quite a year, guys. we had to go through the five biggest stories of the year anf the worst stories in a minute. e table quickly. new...
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>> thank you, kelly o'donnell, we'll be back with more on the fiscal cliff negotiations, when we return. you're watching msnbc, the place for politics. [ sniffs ] [ sneezes ] [ sniffles ] [ female announcer ] for everything your face has to face. face it with puffs facial tissues. puffs has air-fluffed pillows for 40% more cushiony thickness. face every day with puffs softness. >>> welcome back to msnbc's breaking news coverage of the fiscal cliff deal that is being struck on capitol hill. i am being joined now on the phone by krystal ball, co-host of msnbc's "the cycle." thank you for taking time out of your new year's eve, this is big news. how do you think progressives will react to it? >> you know, i think it will be a mixed bag, and happy new year's to you. just how we want to spend it. i think it is going to be a mixed bag, you know, speaking for myself i actually think this is an okay deal. of course there is disappointment about elevating the tax rate from 250, to 400, singles, couples, i think that is disappointing to a lot of liberals and progressives. but there is also an ext
>> thank you, kelly o'donnell, we'll be back with more on the fiscal cliff negotiations, when we return. you're watching msnbc, the place for politics. [ sniffs ] [ sneezes ] [ sniffles ] [ female announcer ] for everything your face has to face. face it with puffs facial tissues. puffs has air-fluffed pillows for 40% more cushiony thickness. face every day with puffs softness. >>> welcome back to msnbc's breaking news coverage of the fiscal cliff deal that is being struck on...
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gerri: coming up next, the fiscal cliff into plain english or maybe just simple arithmetic. at the bottom of the york, what should investors expect? will the fiscal ) as of them? don't go away. ♪ >> my new year's resolution is to keep going with my personal trainer. ♪ gerri: up next, some of those trillion dollar figures into persctive. the spending gerri: there is a reason we call this segment back of the envelope. we try to explain in plain english some of the more complicated financial issues. the big issue today, the fiscal cliff. and you may be asking yourself, why is this so importat? what is so cataclysmic about our nation's finances that we need to implement these monster tax increases and make draconian spending cuts. well, if you want to understand the government and its problems, take a lookat these numbers. let's start with tax revenue. these are the nation's tax revenues. what you have your is just over 2 trillion in income. that's all it is really. and look at these euros. a very big number. the spending in the federal budget. you will notice to these numbe
gerri: coming up next, the fiscal cliff into plain english or maybe just simple arithmetic. at the bottom of the york, what should investors expect? will the fiscal ) as of them? don't go away. ♪ >> my new year's resolution is to keep going with my personal trainer. ♪ gerri: up next, some of those trillion dollar figures into persctive. the spending gerri: there is a reason we call this segment back of the envelope. we try to explain in plain english some of the more complicated...
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fiscal cliff negotiations. you're watching msnbc, the place for politics. opened a new world. ♪ i have direct deposit on my visa prepaid. my paycheck is loaded right on my card. automatic. i am not going downtown standing in line to cash it. i know where my money is, because it is in my pocket. i got more time with my daughter, we got places to go. [ freeman ] go open a new world, with visa prepaid. more people go with visa. >>> coming up, it was the tape everyone was talking about. we'll look at how mitt romney's 47% comments changed the presidential race. and later, from voter purchase to long lines, americans faced many obstacles to cast their vote this november. >>> ohio state senator nina turner joins me to discuss the fight for the right to veto. we'll be right back with our special edition of "the ed show," a salute to the middle class heroes. ♪ that over time, having high cholesterol and any of these risk factors can put them at increased risk for plaque buildup in their arteries. so it's even more
fiscal cliff negotiations. you're watching msnbc, the place for politics. opened a new world. ♪ i have direct deposit on my visa prepaid. my paycheck is loaded right on my card. automatic. i am not going downtown standing in line to cash it. i know where my money is, because it is in my pocket. i got more time with my daughter, we got places to go. [ freeman ] go open a new world, with visa prepaid. more people go with visa. >>> coming up, it was the tape everyone was talking about....
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fiscal cliff compromise that could spare you tax increases for now and items lawmakers are still haggling over. >> despite presence of high clouds, fire works should be okay. i'll have the new year's forecast, coming up. >> thank you. skt new law going into affect this new year changing the way under aged party goers celebrate in california. >> there is no deal in congress over tax cuts and spending. good evening, i'm cheryl jenning autos so we're going over the fiscal cliff. kregs leaders say they're going to save us from disaster. everyone wants to know will we ring in the new year with more taxes? >> well, we will. and this for a while, anyway. the bush era tax cuts will expire at the strofk midnight. by tomorrow it's expect there'd will be a deal to vote on this, afternoon, the president called supporters to the white house to say an agreement to extend the cuts for middle class is very close. >> preventing that tax hike has been my top priority. last thing folks like folks up here on the stage can afford right is to pay an extrao;ye6) 2,000s ndz taxes next year. >> vice president a
fiscal cliff compromise that could spare you tax increases for now and items lawmakers are still haggling over. >> despite presence of high clouds, fire works should be okay. i'll have the new year's forecast, coming up. >> thank you. skt new law going into affect this new year changing the way under aged party goers celebrate in california. >> there is no deal in congress over tax cuts and spending. good evening, i'm cheryl jenning autos so we're going over the fiscal cliff....
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goes over the fiscal cliff? that and much more when our special coverage continues. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung galaxy note ii. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's heal
goes over the fiscal cliff? that and much more when our special coverage continues. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep...
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and is still potential for the fiscal cliff to do a lot of damage. >> susie: we are going to betalking about fiscal cliff for a long time darren you better goat that crystal ball in good shape. >> i'm polishing it tonight. >> susie: thank you very muchdarren gersh our washington burp bureau chief. >> still ahead the most iconicnew year's eve set sill celebrations >> reporter: still ahead, we'll take a look at the business behind the world's most iconic new year's eve celebration. >> susie: to the surprise of many investors, 2012 ended up being a fairly good year for the stock market. the dow rose over 7%, the nasdaq gained even more, up almost 16%, and the s&p closed the year with a 13% gain. erika miller takes a closer look at the forces driving stocks this year. >> reporter: many investors are asking themselves why the stock market did so well this year when the economy was so weak? the answer is the fed. >> you have to give them a good deal of the credit. they have had quantitative easing again and again. bernanke has said he does not want us to sleep into that kind of economic coma
and is still potential for the fiscal cliff to do a lot of damage. >> susie: we are going to betalking about fiscal cliff for a long time darren you better goat that crystal ball in good shape. >> i'm polishing it tonight. >> susie: thank you very muchdarren gersh our washington burp bureau chief. >> still ahead the most iconicnew year's eve set sill celebrations >> reporter: still ahead, we'll take a look at the business behind the world's most iconic new year's...
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thank you. thank you very much. gerri: fiscal stiffed. that is of americans feel after congress failed to reach a deal on taxes and spending. as a result we are going of the fiscal cliff. joining me now, former adviser to president george w. bush and doug shown, democratic strategist and fox news contributor. welcome to you both. >> thank you so much. gerri: am i surprised by what is happening? no. and my interest? no. and so of start with you. how would you grade the president's lead on this issue today? >> well, i'm not trying to give anyone a good mark, the president by and certainly not congress. i hope my colleague in the spirit of the new year would recognize that the entire political establishment has let us down. we are going to get at best that deal on taxes, not going to get anything to reform entitlements or spending. in my question to you, do you think republicans in the house should vote for this deal? gerri: wait a minute. before you go to that i want to mention, we should acknowledge your that there is still a possibility t
thank you. thank you very much. gerri: fiscal stiffed. that is of americans feel after congress failed to reach a deal on taxes and spending. as a result we are going of the fiscal cliff. joining me now, former adviser to president george w. bush and doug shown, democratic strategist and fox news contributor. welcome to you both. >> thank you so much. gerri: am i surprised by what is happening? no. and my interest? no. and so of start with you. how would you grade the president's lead on...